Thursday, April 4, 2013

Cadre review and restructure : Latest media report

As per the latest news available with us that the cadre review file is being examined by Group of Ministers led by Sri. A.K. Antony and likely to be submitted to the cabinet by second week of April 2013 for final approval.
Following is the latest media report :
I-T hiring 19,000 more tax officials
As per a proposal before a group of ministers (GoM) led by defence minister AK Antony on cadre restructuring of the income tax department, about 800 senior level officers in Group A and more than 18,000 Group B and Group C employees will be hired once the ministerial panel and the Cabinet clears the proposal.

Tuesday, April 2, 2013

New 15G and 15H forms introduced for F.Y. 2013-14

Income Tax Dept. has changed 15G and 15H forms for non deduction of TDS from Bank Deposits and certain other deposits. From the F.Y 2013-14, new forms to be submitted to the deductor for non deduction of TDS. As earlier, these forms , 15G (for non senior citizens) and 15H (for senior citizens) to be submitted in duplicate alongwith copy of PAN Card.
Download and Print Form 15G
Download and Print Form 15H

Tuesday, March 19, 2013

INcome Tax Cadre Review and Restructure : Cabinet nod likely on 21st March 2013

Update : No cabinet meeting took place on 21.03.2013
It is learnt from ITEF sources that much awaited cadre review proposal, after clearance of Committee of Secretaries, now endorsed by Finance Minister on 12th March and submitted for cabinet approval. Next cabinet meeting is scheduled on 21st March and possibly it may be cleared on that very day.

Thursday, March 14, 2013

Income Tax offices will remain open on 30 and 31st March

On account of holiday on 27th and 29th March 2013 and the current financial year is going to end on March, CBDT decided to keep offices open on saturday and sunday, the 30th and 31st March 2013 throughout the country to receive returns.
Click here to view the order

Wednesday, March 6, 2013

Cadre restructuring underway in CBDT, CBEC : Revenue Secy


Cadre restructuring of CBDT and CBEC is underway, Revenue Secretary Sumit Bose has said.
This would lead to more commissioners to be deputed at appellate levels to deal with backlog of cases, Bose said at a post-budget meeting with FICCI members here today.
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